← Back to Home

📊 Analysis: EIGENUSDT (1w)

Price: 1.163 | EMA7: 1.02 | EMA25: 1.81 | RSI14: 42.2 | Resistance: 5.659 | Support: 0.3 | Average Volume: 90939974.19 | Volume Trend: Increasing

🤖 AI Insight

Based on the technical analysis of EIGENUSDT at 1w:

- The price is currently at 1.163, below EMA25 (1.8098941719069), indicating a downtrend.
- RSI14 is at 42.203223407276, suggesting the asset is not oversold yet but getting closer.
- MACD is negative (-0.60438003203349), confirming the downtrend.

**Long Entry:** Consider entering long around 0.8-1.0, closer to the support zone or where RSI indicates oversold conditions.
**Short Entry:** A short position could be considered around 1.8-2.0 if the price bounces off the EMA25 or resistance is met.
**Spot Buy:** The best spot buy price could be around 0.8 or lower, near support levels or where the RSI indicates oversold conditions. However, monitor for a potential bounce or reversal signs.

Keep an eye on the increasing volume trend, as it may indicate a potential breakout or significant move. Adjust strategies according to changes in RSI, MACD, and price action towards resistance (5.659) or support (0.3).